Buying a business can be an incredibly rewarding endeavor, whether you’re an entrepreneur looking for your next challenge or someone eager to become their own boss. However, purchasing a business isn’t something to rush into. There are key factors you need to evaluate to ensure you’re making a wise investment. This blog will guide you through the essential considerations, helping …
What is a Trust?
Trusts are legal arrangements made to serve a variety of specific purposes. They can be seen as legal agreements between a person who sets up the trust and a trustee, who manages assets for beneficiaries. Trusts can serve as an essential component of a person’s estate planning process, particularly when it comes to transferring assets or wealth to heirs or …
Public Information Requests in New Mexico
As a resident or a business her in New Mexico, you might need access to public information held by state agencies or local governments. Thankfully, the state has provisions for the release of such information through what is known as a Public Information Request. However, the process can be complex, and difficult to navigate. In this post, we will discuss …
The Basics: Landlord-Tenant Law in New Mexico
As a landlord or tenant in New Mexico, it is important to understand the laws that govern the relationship between landlords and tenants. One of the most fundamental aspects of this relationship is the landlord-tenant contract. This contract outlines the terms and conditions of the lease agreement and sets the expectations for both parties. In this blog post, we will …
Why should I consider an Employee Non-Compete Agreement
As a business owner, losing your competitive edge is a serious concern. The fear of losing valuable employees to competitors is a serious problem for many other businesses. To mitigate this, employers should consider an Employee Non-Compete Agreement. In this post, we will help you understand what an Employee Non-Compete Agreement is, the benefits of its use, how to set …
Understanding the Equal Employment Opportunity Commission and its Impact on your Business
As a business owner, you understand the rewards and challenges that come with running a successful enterprise. One of these challenges includes dealing with employee grievances, including claims of discrimination or harassment. When an employee files a complaint with the Equal Employment Opportunity Commission (EEOC), it can have serious consequences for your business. Understanding what the EEOC is, how it …
Someone Just Handed You a Contract to Sign — Now What?
No contract can effectively bind a dishonest person. So, a contract’s primary function is to ensure both parties understand the deal. You want to ensure the deal is stated clearly enough that both parties can understand it. There is no way to guide you regarding the intricacies of every contract you may encounter. The greater the contract’s potential financial impact, …
Is It Worth Having a Business Contract Reviewed by a Lawyer After You’ve Signed It?
Contracts are the foundation of almost every business transaction, from hiring employees to securing partnerships and making purchases. However, sometimes, in the rush to seal a deal or the eagerness to move forward, we sign contracts without fully understanding what we’re agreeing to. You might later find yourself wondering, “Should I have a lawyer review this, even though I’ve already …
Legal Issues Farmers and Ranchers in New Mexico Need to Know
Farming and ranching in New Mexico isn’t just about cultivating crops and raising livestock; it’s also about navigating complex legal frameworks that can significantly impact operations. From managing agricultural leases to understanding water rights, being aware of the legal landscape is crucial for success. Here’s an overview of the key legal issues farmers and ranchers in New Mexico should keep …
What’s the Difference Between a State Trademark and a Federal Trademark?
If you’re a small business owner or entrepreneur, protecting your brand should be a top priority. Trademarks are a critical step in safeguarding your logo, slogan, business name, and other identifying assets. However, when choosing between a state trademark and a federal trademark, many are unsure which path to take. Both have their merits, but they serve different purposes depending …
